Barclays Maintains Underweight on BJ's Restaurants, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein maintains an Underweight rating on BJ's Restaurants (NASDAQ:BJRI) and raises the price target from $27 to $31.
July 28, 2023 | 10:13 am
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Barclays maintains an Underweight rating on BJ's Restaurants but raises the price target from $27 to $31.
The news is directly related to BJ's Restaurants. While the Underweight rating suggests that Barclays expects the stock to underperform, the raised price target indicates a slightly more positive outlook. However, the overall impact on the stock is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100